Plz answer correctly and thank you
1 answer:
You might be interested in
The sum of the balances of these accounts at the end of 5 years is given by: Option B: $53,901.59 (approx)
<h3>How to calculate compound interest's amount?</h3>If the initial amount (also called as principal amount) is P, and the interest rate is R% per unit time, and it is left for T unit of time for that compound interest, then the interest amount earned is given by:
The final amount becomes:
If the initial amount (also called as principal amount) is P, and the interest rate is R% annually, and it is left for T years for that simple interest, then the interest amount earned is given by:
For the considered case, we're given that:
- Initial amount in both accounts deposited = $24,000 = P
- Type of interest: Compound interest in first account and simple interest in second account
- Unit of time: Annually
- Rate of interest = 2.4% annually = R
- Total unit of time for which amount is to be calculated: 5 years = T
In first account, the final amount at the end of 5 years is evaluated as:
In second account, the final amount at the end of 5 years is evaluated as:
Total amount after 5 years in these accounts = (in dollars)
Thus, the sum of the balances of these accounts at the end of 5 years is given by: Option B: $53,901.59 (approx)
Learn more about compound interest here:
Answer:
A.
Step-by-step explanation:
Anwer A has the following equation:
In this equation, we can calculated the intercept replacing x by 0, as:
if this is the answer, the graph of g(x) should be through the point (0,-3) and that happens.
Additionally, the roots of the equations are calculated replacing g(x) by 0 and solving for x, so:
It means that the graph of g(x) should be through the points (2.236,0) and (-2.236,0) and that happens too.
So, the answer is A,